How much do solar panels cost to install in 2018?

Over the last 5 years, solar prices have fallen significantly due to market competition and technological advancements. The average price for a residential solar system in the United States is now only $3.20 per watt. This makes a typical 6-kW system $19,200 before solar incentives but assuming you’re eligible for the 30% federal solar tax credit, the final cost of a 6-kW system would be $13,440.

How much will I save from installing a solar system?

Since most states offer a program called net metering you can usually eliminate between 75%-100% of your monthly electric bill. Each state and utility offer slightly different programs, for a free estimate on your solar savings with local incentives, click the link below.

Comments

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